The New Zealand NZ50G (gross) benchmark index versus some indicative major components: Spark telecoms SPK, Auckland International Airport AIA, and then the electricity generation utilities Meridian MEL, Contact CEN and Mercury MCY along with the NZX Utilities Index G55G - and last, but definitely not the least, is presently the largest New Zealand company Fisher &...
Over 30 years of records - US10Y treasury yield, USDJPY yen, USDEUR euro versus NASDAQ IXIC & Dow Jones DJI - Watch out when the roller coaster lift cable stops pulling that USD dollar up.
Over the decades, USDJPY yen, USDEUR euro versus S&P 500 SPX , US10Y treasury yield - Nice when on the rise, but watch out when the roller coaster lift cable stops pulling that USD dollar up.
What this chart shows... The treasury bond yield and the price of gold have a strong relationship in the long and medium terms (in inverse directions, hence the use of GLL UltraShort Gold ETF as a comparative measure - PURPLE line). Yields had been falling strongly, and gold price rising swiftly throughout 2019 and into 2020. After the initial Wuhan Virus shock,...
BMO Asia Investment Grade Bond ETF 3141. HK vs. BND , EURUSD , UDN and Hang Seng Index - on separate scales
BMO Asia Investment Grade Bond ETF 3141.HK vs. BND, EURUSD, UDN and Hang Seng Index
HBRD vs. FLOT, Australian All Ordinaries XAO
These important sectors have not been booming for over a quarter (no Robinhooders around these sectors, and not worth a Reddit meme) - - Telecommunications: T, VZ, TMUS - Quick service fast food restaurants: MCD, YUM, WEN - Consumer Staples (ETF is XLP): household products PG, CL, CLX: food MDLZ, GIS
Select foreign currencies, after Covid/coronavirus bounce-back, have been weakening since early December 2020 - ahead of the NASDAQ (IXIC) question of faith in mid February 2021: Russian ruble RUB/USD, Brazilian real BRL/USD, Colombian peso COP/USD, Mexican peso MXN/USD, Korean won KRW/USD, Thai baht THB/USD, Japanese yen JPY/USD, Euro EUR/USD.
Select Emerging Market ETFs (U.S. listed in $USD) falling since Jan 2021, not like the IXIC (Nasdaq Composite Index) only since mid Feb: Russia RSX, Brazil EWZ, Mexico EWW, South Korea EWY, Thailand THD, New Zealand (ENZL - small market, not emerging market).
S&P500 Futures - E-mini vs. Japanese JPY & also Korean KRW , China yuan CNH, Philippine PHP , Thai THB since Feb 16, 2021.
India (INDA) & Japan (EWJ) equities very bullish from late 2020 - helping Oil (USO) and Resources (DBC) to also soar.
Buoyant CSR Ltd (on ASX - green) vs peers Harvey Norman (HVN), GWA Group (GWA); indices XJO, XDJ (light green), XBK (red).
Some markets seem to have shown that they peaked in mid-January... indicated in their U.S. listed, $USD denominated, ETFs: Russia RSX, Brazil EWZ, India INDA, Thailand THD, Europe EWZ... and also in certain financial markets as indicated by a Commodity Tracking fund DBC, and see also the US Government Bond 5 Year Yield .
Two Nice Tickers on the NZX: Skellerup (SKL) & Freightways (FRE) in New Zealand
Painful underperformance (especially since three days before the new year from Dec 29) vs. the Nasdaq IXIC and the Dow DJI for those previously enamored with the Big Tech counters such as Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX, and even Apple AAPL; with the possible exception of Alphabet Inc GOOG.
Feeling market bullishness in Dec 2020 from the NASDAQ (IXIC index)? December has been a bad month for the telecommunications stocks: T-Mobile TMUS, Verizon VZ and AT&T T - bad too for Media companies, Comcast CMCSA, Charter Communications CHTR, ViacomCBS VIAC, Fox FOXA. And the big Railroad companies have been trending down since mid November: Norfolk Southern...
Since mid Oct, this particular group of marquee Consumer Discretionary stocks - McDonalds MCD, Dollar General DG, Home Depot HD, Lowe's LOW - show a deteriorating pattern which the Dow DJI and the NASDAQ indices do not.